October 18, 2021
Citi Poaches Capital One Exec for New TTS Global Head...

Effective Nov. 1, Naveed Anwar will join Citi as the global head of Digital for Treasury and Trade Solutions (TTS), a division of Citigroup’s Institutional Clients Group (ICG), according to...

October 18, 2021
Mastercard, Previse Partner on Cross-Border Payment Services  

Mastercard and British artificial intelligence-powered payments FinTech company Previse have joined forces on the integration of Mastercard Cross-Border Services, according to a Monday (Oct. 18) press release. The collaboration enables funds to...

October 18, 2021
Inefficient and Often Late Ad-Hoc Payments Account For 38% of...

Look up “ad hoc” and the definition is simple: created, as needed. Ad-hoc payments, then, serve a simple purpose. They’re created, as needed, frequently on a one-off basis, to satisfy,...

October 15, 2021
The Digital Pound Foundation Wants to See UK’s CBDC Materialize;...

While interest in central bank digital currencies (CBDCs) continues to soar around the world, a group of innovation and regulatory experts in the U.K. are taking a proactive step to...

October 14, 2021
Report: India’s Pine Labs is Weighing IPO

The chief executive of Pine Labs, an Indian FinTech firm, says the company may go public in as little as a year because of opportunities in digital payments, Reuters reported....

October 14, 2021
Ripple Joins Nonprofit Focused on Creating Digital Pound

Blockchain solutions provider Ripple has joined the Digital Pound Foundation, a nonprofit focused on the creation and implementation of a digital pound in the United Kingdom, according to a Thursday (Oct....

October 13, 2021
Strong Luxury Demand Drives LVMH Sales

Luxury products group LVMH Moët Hennessy Louis Vuitton on Tuesday (Oct. 12) said its revenue rose 46% from 2020 in the first nine months of the year to 44.2 billion...

October 13, 2021
Visa: Buy Now Pay Later and Revolving Credit Co-Exist as...

When Visa Installments was launched in Australia last week with ANZ bank and Quest Payment Systems, it was seen as a sign that large global players have acknowledged the growth...

October 12, 2021
Citi Vet Chris Cox Named TTS Global Head of Trade...

Chris Cox, a Citi veteran with almost 14 years of experience at the bank who has served in numerous leadership roles, was named global head of trade and working capital...